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The Latest Breaking News from Asia

Will Asia return to Iranian oil? Tehran races to secure largest oil importers after US waiver, says report

Iran is actively seeking new buyers for its oil in Asia, including India, Japan, and South Korea, following a temporary US sanctions waiver. This move aims to clear millions of barrels stored at sea and diversify its customer base beyond China. While some refiners are cautiously exploring opportunities, uncertainty surrounding…

The Times of India

Global Market | European shares slip on Fed hike bets, tech drag

European markets opened lower Tuesday, impacted by anticipated US Federal Reserve rate hikes and concerns over escalating corporate AI investments. The STOXX 600 index saw a notable dip, with basic resources and tech sectors leading the decline. Asian equities also experienced significant drops. Investors are bracing for further interest rate…

The Economic Times

Kazakhstan brings New Silk Road revival to Brussels as Tokayev visits EU leaders

Kazakhstan's president has arrived in Brussels this week to meet EU leaders and assess the delivery of promises made at last year's EU-Central Asia summit in Samarkand, with the Middle Corridor trade route connecting China to Europe through Central Asia at the top of the agenda.

Euronews

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‘Compound shock effect’: why the Middle East crisis and El Niño could spell disaster in south-east Asia

Millions of tonnes of the world’s food could be lost amid the uncertainties surrounding the strait of Hormuz and the dangers of a ‘Godzilla-strength’ El Niño

The Guardian - AU

Global Market: Standard Chartered bullish on Asia ex-Japan equities, sees strong AI-led growth

Standard Chartered upgraded Asia ex-Japan equities to overweight, expecting the region to post the strongest earnings growth globally in 2026 and 2027, supported by AI investment and semiconductors. It prefers Taiwan, China and India, while maintaining a positive view on US equities, bonds and gold.

The Economic Times

3 AI stocks outweigh all of India: Why this concentration is sounding EM alarm bells

Two Asian markets are heavily reliant on AI chipmakers, with TSMC, Samsung, and SK Hynix dominating emerging market indices. This concentration poses significant risk. In contrast, India's market offers diversification across sectors like BFSI, consumption, and infrastructure, presenting a potentially more resilient investment opportunity. Experts highlight India's growing AI infrastructure…

The Economic Times

Deal to take mountain biking to streets

The Asian Cycling Confederation (ACC) and City Mountain Bike (CTM) officially signed a Memorandum of Understanding (MoU) on Monday to promote and develop Extreme Cross-Country (XCE) mountain bike racing throughout Asia.

Bangkok Post

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F4 back in Bangkok for reunion show

Based on the Japanese manga Hana Yori Dango, the 2001 hit Taiwanese TV drama Meteor Garden made boy band F4 a household name across Asia.

Bangkok Post

Progress against Aids still fragile

United to End Aids", a new UNAids report released ahead of the 2026 UN General Assembly High-Level Meeting on HIV/Aids, sends a clear warning: progress against Aids is real but fragile.

Bangkok Post

RBI flags rising fuel-price pressures amid West Asia war, says crude is easing as Hormuz fears recede

The Reserve Bank of India has highlighted rising fuel prices and a dip in consumer confidence due to West Asian conflict, despite a recent drop in crude oil costs. While inflation edged up in May, driven by broad-based price increases, the Indian economy remains resilient with sustained activity. However, manufacturing…

The Economic Times

Desperate To See BTS? Fans Duped Out Of $100,000 In Concert Ticket Scam

BTS fans in South East Asia have lost over $100,000 to ticket scams amid high demand for the Arirang World Tour, with scammers exploiting fans' desperation for concert tickets.

International Business Times UK

Warsh Fed era heralds a new trial for Asian currencies

New Federal Reserve chief Kevin Warsh's hawkish stance on inflation has surprised markets, signaling a stronger dollar. This poses a challenge for Asian economies reliant on exports, forcing nations like Japan, Indonesia, and India to intervene in currency markets and raise borrowing costs. While the dollar's strength is a global…

The Economic Times

Tuborg Ushers in a New Era with "You Don't Have To" Campaign, Reinforcing The Brand's Dynamic Identity by Partnering With Global Music Icon Jay Park to Ignite Asian Markets

HONG KONG, June 22, 2026 /PRNewswire/ -- Tuborg, Carlsberg Asia's flagship international brand, is building on the momentum of its global creative campaign "You Don't Have To," first introduced in March this year. The campaign is now expanding across key Asian markets, including China, Vietnam, and Myanmar.As Gen Z increasingly…

AAP

India, Taiwan ETFs see record outflows before Asia stock rebound

US-listed ETFs tracking India and Taiwan saw record outflows in March amid currency weakness, rising yields and energy concerns. Despite this, Asian equities rebounded sharply on hopes of easing geopolitical tensions. Analysts warn sentiment remains fragile, with India’s underperformance and Taiwan’s energy-linked risks still weighing on investor outlook.

The Economic Times

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AAP

Ask.Legal Adds English Law Analytics to its Popular AI Legal Analytics Platforms

LONDON, June 22, 2026 /PRNewswire/ -- DocPro, a leading legal tech innovator in Asia, expands Ask.Legal's AI-powered legal analytics capabilities to include English law, offering users a cost-effective tool for structured legal analysis. DocPro has expanded the capabilities of Ask.Legal, one of Asia's most popular AI legal analytics platforms, to…

The Economic Times

India to witness rapid data centre growth fueled by favourable demographics: Goldman Sachs

The report, titled Outlook for Data Centers in Asia, states that data centre demand is expected to grow at a 20% compound annual growth rate (CAGR) in China from 2025 to 2028, driven by structural developments in AI and stepped-up investments by hyperscalers and large language model companies.

The Economic Times

Iran-Israel conflict puts UAE, Saudi Arabia's foreign workers under strain

A protracted conflict in the Gulf is jeopardizing billions in remittances, vital for families across Asia and Africa. Migrant workers, like Steve Geoffrey supporting his Kenyan family, face job insecurity and rising costs. While some nations saw initial remittance surges, others report slowing growth and workers depleting savings. Economists predict…

The Economic Times

Rupee drifts as oil dips; hawkish Fed risks, importer flows cap gains

The Indian rupee held steady as easing U.S.-Iran tensions lowered oil prices, boosting sentiment. However, anticipation of potential U.S. Federal Reserve rate hikes kept traders watchful. Importer demand also capped rupee gains. Despite a roadmap for a U.S.-Iran deal, analysts suggest Asian currencies may face continued pressure from a strong…

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The Independent UK

High oil prices drive a surge in Chinese electric vehicle sales, but charging networks lag behind

The war in Iran has helped reshape the global electric vehicle market, giving Chinese automakers an opening across the developing world as fuel prices surge

Bangkok Post

Hong Kong parents turn to summer school options in Asia amid soaring airfares

Hong Kong families are turning away from long-standing summer school favourites in Britain and North America amid soaring airfares, with education consultants reporting a sharp surge in demand for alternatives in Asia.

Bangkok Post

Senior member of Prince Holding Group arrested in Japan

A senior member of a Cambodia-based Chinese-affiliated group sanctioned by the United States and Britain as one of Asia's largest criminal networks has been arrested in Japan, investigative sources said on Monday.

AAP

Festival of Marketing Asia unveils opening keynotes across main stage, B2C and B2B stages

HONG KONG and KUALA LUMPUR, Malaysia and SINGAPORE, June 22, 2026 /PRNewswire/ -- Haymarket Media Asia, publisher of Campaign, today unveiled the opening keynote speakers for the inaugural Festival of Marketing Asia (FoM Asia), taking place on 3 September 2026 at PARKROYAL COLLECTION Kuala Lumpur.

AAP

Smart Summer Escapes: Agoda Reveals Asia's Most Affordable Summer Flight Routes

SINGAPORE, June 22, 2026 /PRNewswire/ -- As the summer holiday season approaches, digital travel platform Agoda reveals the most affordable domestic and international flight routes across Asia. For travelers making their summer vacation plans, Agoda's latest data offers insights into the routes and destinations that offer the best value to…

AAP

Rusutsu Resort to Host Special Session as Part of the Asian Development Bank and Hokkaido University International Financial Conference

TOKYO, June 22, 2026 /PRNewswire/ -- Kamori Kanko Co., Ltd. (President & CEO: Hisatake Kamori, hereinafter "Kamori Kanko") and Rusutsu Resort Tech Co., Ltd. (Directors: Shintaro Hirato, Asahi Iwanaga, and Hisatake Kamori, hereinafter "RRT") will jointly host a special session at Rusutsu Resort on July 8, 2026, as part of…

The Economic Times

Global Market Today: Asian stocks slip, oil up on peace doubts

Global markets saw a dip as Middle East tensions escalated, pushing oil prices and bond yields higher, signaling increased U.S. interest rate risk. Political uncertainty in the UK also weighed on sterling. Investors are now keenly watching upcoming U.S. inflation data and central bank commentary for further clues on monetary…

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